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Social Spending and Economic Growth

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  • Peter Lindert

Abstract

Prevailing opinion holds that big government and high taxes reduce growth. Social programs are claimed to be a matter of social justice, even if they impede economic growth. But Peter Lindert in a new book argues that these claims are fiction. States that spend a lot on social programs grow no more slowly than those that spend little. He discusses his views and the evidence below.

Suggested Citation

  • Peter Lindert, 2004. "Social Spending and Economic Growth," Challenge, Taylor & Francis Journals, vol. 47(4), pages 6-16.
    • Handle: RePEc:mes:challe:v:47:y:2004:i:4:p:6-16
    DOI: 10.1080/05775132.2004.11034254
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